GLW · Corning Inc

143.47−5.07  (−3.41%)

Price

Snapshot

50 fields · last close
Market Cap$128.0B
P/E65.65
Float790.6M
Beta1.18
Volatility29.4%
ExchangeNYSE
SectorElectrical Equipment
Cap tierLarge cap
Macro sensitivityModerate
Clavix score35.4
Price143.47
Change−3.41%
Prev Close148.54
Open143.19
Day Low141.35
Day High148.73
Avg Vol7
Avg $ Vol$1.10B
52W High271.78
52W Low77.39
52W Pos34.0%
From High−47.21%
From Low+85.39%
Max DD 1Y−51.48%
Spread0.10%
LiquidityDeep
SMA 20−7.79%
SMA 50−7.84%
SMA 200−6.45%
RSI (14)44.9
Vol 30D71.6%
Vol 90D88.5%
1Y Range77–272
Daily bars534
Perf Week−12.09%
Perf Month+3.44%
Perf Quarter−14.83%
Perf Half Y−11.73%
Perf Year+73.73%
Perf YTD+58.23%
Prev Day−3.41%
ClavixF
Debt / Eq0.29
Curr Ratio1.59
Int Cover9.1×
FCF Margin17.2%
Rev Growth+19.1%
ProfitProfitable
LeverageModerate
Sector rank37 / 47

What GLW does

Corning Incorporated operates in optical communications, display, specialty materials, automotive, and life sciences businesses in the United States, Canada, Mexico, Japan, Taiwan, China, South Korea, Germany, and internationally.

The company provides optical fibers and cables; and hardware and equipment products, such as cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for the telecommunications industry, businesses, governments, and individuals.

It also offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisions, notebook computers, desktop monitors, tablets, and handheld devices.

In addition, it manufactures products that offer material formulations for glass, glass ceramics, crystals, precision metrology instruments, and software, as well as glass wafers and substrates, tinted sunglasses, and radiation shielding products for markets, such as mobile consumer electronics, semiconductor equipment optics and consumables, aerospace and defense optics, radiation shielding products, sunglasses, and telecommunications components.

Further, the company provides ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications, as well as technical glass and optic products and solutions for the interior and exterior of vehicles.

Additionally, it offers laboratory products, including plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware, and glassware and equipment under the Corning, Falcon, PYREX, and Axygen brands.

It also offers polysilicon products and pharmaceutical glass tubing and vials. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989.

Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.

Clavix risk grade

regraded every trading day
F35.4/100

GLW grades F, 35.4 of 100. Steadiest on News Sentiment (62), most exposed on Macro Resilience (25, weak). 0 of the 4 weighted dimensions sit above the Electrical Equipment median. Ranks 37 of 47 in Electrical Equipment by Clavix score.

PriceMacroSectorNewsFinancial

How rough the ride is

GLWElectrical Equipment median
Betavs the overall market · lower is steadier1.181.42
Volatilityannualized29.4%35.4%
Max drawdown, past yearworst peak-to-trough fall−51.5%—
Typical daily movemedian absolute daily change2.42%—
Days beyond ±3%of the last 252 sessions106 (42%)—

How its days are spread

Daily returns over the last 252 sessions in 1% bins. Moves beyond ±6% land in the end bins.

52-week range

GLW
148.54

The bar runs from the lowest to the highest close of the last 252 sessions; the marker is the latest close.

Drawdown from the 1-year peak

GLW

Percent below the running high over the last 12 months. Zero is a fresh high.

Market sensitivity

GLWElectrical Equipment median
Beta to the markethow much it swings with the S&P 500 · lower is safer1.181.42
Macro sensitivityrate, dollar and credit exposure bucketModerateHigh 44% of 50

Where it sits on the macro scale

Low 0Moderate 13High 22Very High 15

Low means rates, the dollar and credit spreads barely move it. Very High means they drive a large share of its swings. The counts are how many Electrical Equipment names sit in each bucket.

Where it ranks in its sector

Sector
Electrical Equipment47 companies ranked
GLW
#37 of 47

Rank by Clavix score within the sector. Right is the top of the sector.

Price performance

GLW
1 week−12.1%
1 month+3.4%
Year to date+58.2%
1 year+73.7%

Context for the rank, not itself a risk measure.

No scored coverage for GLW in the recent pool.

Balance sheet, against the sector

Debt / equityTotal debt vs shareholder equity · lower is stronger
0.29sector median 0.36 · 50 names
Current ratioShort-term assets vs liabilities · higher is stronger
1.59sector median 1.72 · 50 names
FCF marginFree cash flow as a share of revenue · higher is stronger
17.2%sector median 9.3% · 46 names
Interest coverageOperating income vs interest expense · higher is stronger
9.1×sector median 6.3× · 49 names

The shaded band is the middle half of the 50 Electrical Equipment names Clavix covers; the tick is the sector median.

Growth

GLW
Revenue growthyear over year+19.1%

Financial Health is shown but does not count toward the grade. Why

0–100, higher is safer. The tick on each bar is the Electrical Equipment median. Click a dimension for the evidence behind it. Financial Health is shown but does not count toward the grade.

Nearest peers by size

Electrical Equipment
TickerCompanyGradeMkt capP/EBeta
ETNEaton Corporation PLCC$166.4B42.481.12Compare
VRTVertiv Holdings CoD$91.35B52.912.11Compare
EMREmerson Electric CoB$91.20B35.241.23Compare
BEBloom Energy CorpF$77.59B314.443.64Compare
APHAmphenol CorpD-$211.8B40.751.27Compare
CLSCelestica IncD-$65.17B40.941.37Compare
KEYSKeysight Technologies IncC+$63.03B51.031.18Compare
TELTE Connectivity PLCB-$62.51B20.681.17Compare

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